SMM

SMM3 March 31: The price of e-bike lead-acid battery scrap (external formation) was reported at 19,500-19,700 yuan/mt. The battery market is gradually entering the off-season, with dealers purchasing cautiously. Orders from producers have weakened, and due to persistently high raw material costs, battery companies generally purchase as needed. Additionally, the operating rate of medium and large enterprises ranges from 60-90%.

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